Andritz (OTCMKTS:ADRZY) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Andritz AG (OTCMKTS:ADRZY)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $12.00 and traded as low as $10.87. Andritz shares last traded at $10.87, with a volume of 758 shares traded.

Andritz Stock Down 5.2 %

The company has a debt-to-equity ratio of 0.24, a current ratio of 1.16 and a quick ratio of 0.89. The firm has a 50-day moving average price of $12.00 and a 200 day moving average price of $11.80. The company has a market cap of $5.65 billion, a price-to-earnings ratio of 9.97 and a beta of 0.97.

Andritz (OTCMKTS:ADRZY) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.33 earnings per share for the quarter. Andritz had a net margin of 5.90% and a return on equity of 23.10%. The company had revenue of $2.44 billion during the quarter, compared to the consensus estimate of $2.34 billion. Sell-side analysts predict that Andritz AG will post 1.1 EPS for the current year.

Andritz Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, April 21st. Stockholders of record on Tuesday, April 1st will be paid a $0.5645 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This is an increase from Andritz’s previous dividend of $0.35. Andritz’s dividend payout ratio is currently 30.56%.

Andritz Company Profile

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation.